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Coventry-based law firm Band Hatton Button (BHB) has been fined just over £46,000 for non-compliance with Anti-Money Laundering (AML)...

Switzerland’s financial supervisor, FINMA, has been closely examining how UBS vets high-risk wealthy clients from Credit Suisse as part...

A Treasury Department official has voiced strong concerns that Florida’s new “anti-woke” banking law, along with similar laws in other...

State Street Bank & Trust Co. has agreed to pay a $7.5 million fine to settle allegations from the Treasury Department’s Office of...

A growing number of finance firms are exploring the use of AI for compliance and risk management, according to a recent study by Moody's....

The Securities and Exchange Commission (SEC) has announced its second $37 million whistleblower award in as many weeks, with four...

The enforcement division of the California Privacy Protection Agency (CPPA) is actively investigating over ten businesses suspected of...

A comprehensive report from cybersecurity firm Infoblox has unveiled the operations of an extensive Chinese cybercrime network, which...

In a landmark decision, the estate of Russian billionaire Petr Aven has agreed to forfeit £784,000 following a milestone investigation by...

Banque Havilland, a well-known private bank based in Luxembourg, is on the brink of losing a critical banking license, as reported by...

The European Central Bank (ECB) has called for banks across Europe to bolster their defences against cyber attacks in light of a recent...

U.S. Treasury Secretary Janet Yellen has unveiled a new initiative in collaboration with Amazon basin governments aimed at disrupting...

In a groundbreaking initiative, seven major UK banks, including Barclays, NatWest, and Lloyds, have begun sharing financial crime data...

Revolut, one of Europe’s leading fintech firms, has secured a UK banking licence after a protracted three-year regulatory battle. The...

Ian Gorst, Jersey’s Minister for External Relations and Financial Services, asserts that the latest MONEYVAL evaluation should dispel...

Coinbase, one of the largest cryptocurrency exchanges globally, has been fined £3.5 million ($4.5 million) by the UK's Financial Conduct...

The Consumer Financial Protection Bureau (CFPB) has issued a warning to companies against using broad nondisclosure agreements (NDAs) to...

MONEYVAL has given Jersey a broadly positive review in its latest in-depth assessment, indicating that the British Crown Dependency has...

Financial institutions holding Russian sovereign assets must report them to the Treasury Department’s Office of Foreign Assets Control...

China’s Supreme Court has mandated courts nationwide to continue imposing severe penalties on individuals involved in cross-border...